A year-old investment fund offers returns that closely track short-term Treasuries, with starkly lower tax bills. The fund, Alpha Architect 1-3 Month Box ETF (BOXX), uses a complex options strategy and a longstanding tax loophole that favors exchange-traded funds. Bloomberg's Zachary Mider explains.
一家成立一年的投资基金提供的回报与短期国债非常接近，税单明显降低。该基金名为Alpha Architect 1-3个月Box ETF（BOXX），使用复杂的期权策略和长期存在的税收漏洞，有利于交易所交易基金。彭博社的扎卡里·米德解释说。